A central bank with a
dovish tone means it is seen leaning towards lowering interest rates to stimulate the economy.
Dealers said the market had talked itself into expecting the Fed would make
dovish changes to the statement, so it was somehow considered "hawkish" when those did not materialise.
For instance, HSBC analysts recently pointed out that the yen and the sterling were among the world's weakest currencies, "as their central banks are among the most
dovish".
Nabiullina's background in the growth-focused MinEco argues for a slightly more
dovish monetary bias under her stewardship of the CBR.
Days later, Federal Reserve Chairman Ben Bernanke stepped in during congressional testimony and changed this
dovish misinterpretation, suggesting that the FOMC's bias had indeed not changed at all.
'The fact Bell has been statistically the most
dovish of the current MPC members suggests that her departure will shift the balance of power a little towards the hawks,' said Jonathan Loynes, chief UK economist at Capital Economics.
The motions against his shaky coalition did not pass because small
dovish factions decided not to be involved in toppling Sharon, saying his plan to withdraw settlers and soldiers from occupied Gaza next year was paramount.
Hence the initially strange picture of a former general following a
dovish policy as secretary of state, assisted in this from behind the scenes by much of the uniformed military, even as the military's civilian leadership urges a much more aggressive line.
He succeeded in bringing together the
dovish and secular "Meretz" on the one hand, and three religious parties on the other.
weapons manufacturers during Desert Storm has suddenly gotten
dovish. In their overview of the proposed U.S.
Dovish policy surprises from India's central bank, New Zealand's central bank and the Bank of Thailand saw those institutions join the march toward more accommodative policy globally.
Peso pierces 50:$1 mark, closes at 18-month high !-- -- Lawrence Agcaoili (The Philippine Star) - July 17, 2019 - 12:00am MANILA, Philippines The peso gained 10 centavos yesterday, piercing the 50 to $1 level amid easing inflation as well as the
dovish Bangko Sentral ng Pilipinas (BSP) and US Federal Reserve.